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During solar flares a tremendous amount of magnetic energy is released and transported through the Sun's atmosphere and out into the heliosphere. Despite over a century of study, many unresolved questions surrounding solar flares are still present. Among those are how does the solar plasma respond to flare energy deposition, and what are the important physical processes that transport that energy from the release site in the corona through the transition region and chromosphere? Attacking these questions requires the concert of advanced numerical simulations and high spatial-, temporal-, and spectral- resolution observations. While flares are 3D phenomenon, simulating the NLTE flaring chromosphere in 3D and performing parameter studies of 3D models is largely outwith our current computational capabilities. We instead rely on state-of-the-art 1D field-aligned simulations to study the physical processes that govern flares. Over the last decade, data from the Interface Region Imaging Spectrograph (IRIS) have provided the crucial observations with which we can critically interrogate the predictions of those flare loop models. Here in Paper 2 of a two-part review of IRIS and flare loop models, I discuss how forward modelling flares can help us understand the observations from IRIS, and how IRIS can reveal where our models do well and where we are likely missing important processes, focussing in particular on the plasma properties, energy transport mechanisms, and future directions of flare modelling.